Abductive analogies between Keynes’ monetary-production economics and Einstein’s theories of relativity

Jakob Pedersen

Journal of Post Keynesian Economics, 2022, vol. 45, issue 4, 523-535

Abstract: In this paper, it is argued that there exist different interdisciplinary abductive analogies between Keynes’ monetary-production theory and Einstein’s theories of relativity. Based on some of the equations in Einstein’s special theory of relativity vis-à-vis the fundamental equation describing the equilibrium condition in Keynes’ model version of a realistic entrepreneur economy—a complementary scheme to an algebraic-topological interpretation of Keynes’ vision is outlined within the Post Keynesian scientific research programme.

Date: 2022
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DOI: 10.1080/01603477.2022.2101125

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